IDBI Bank receives revision in credit ratings
From Moody's Investors Service
IDBI Bank has received the following revision in ratings from Moody's Investors Service on 29 August 2017 -
LT Bank deposits - B1 (Downgraded from Ba2)
FC Senior unsecured debt - B1 (Downgraded from Ba2)
FC Senior unsecured MTN programme - P(B1) (Downgraded from P(Ba2))
Counterparty Risk assessment - Ba3(cr)/ NP(cr) (Downgraded from Ba1(cr)/Not Prime (cr))
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